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Cable Address" AMERITRANS”

M O NTGO MER Y STRE ET
AT C O L U M B U S A VE N U E
SAN F R A N C I S C O . CALIF.

F O R T Y - F O U R
W ALL.
S T R E E T
N E W Y O R K . N. Y.

San Francisco, California
August 17, 1939

Hon. Lawrence Clayton,
Assistant to the Chairman,
Board of Governors,
Federal Reserve System,
Washington, D« C.
Dear Mr. Clayton:
At the request of Mr. A. P. Giannini,
I am enclosing copies of correspondence between the
office of the Comptroller of the Currency and The
First National Bank of Portland, as well as a copy
of my letter of today to Mr. Delano.

Very truly yours,

Enclosures

AIRMAIL